More details on the plan to help nonprofits hurt by Madoff
The Washington Post and the Forward both added some more color to the description of the meeting of the Jewish Funders Network that JTA first reported on earlier this week.
The JFN, which has some 900 members, all of whom are major funders of the Jewish community, convened a meeting Tuesday of 35 of the largest Jewish foundations, during which the participants decided to come up with bridge funding for nonprofits now in trouble because they took losses as a result of Bernard Madoff’s scam.
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